ACO Canada’s Post

Housing starts were up 14% in February to 253k units, the Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL) reported this morning. The gain was driven by higher multi-unit starts ( 16% YoY) while single-detached starts were down 14%. Regionally, starts were up in Toronto ( 10%) and Vancouver ( 82%), and down in Montreal (-9%)

🏡📊 Explore key insights from the Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL) 2023 Annual Report! Discover trends and achievements in Canada’s housing market. #HousingMarket #CMHC. Learn more and download ➡ https://t.ly/b4gTP

Explore Canada's 2024 housing market and mortgage rate trends. Gain insights into shifting interest rates and their implications for real estate. Are there housing market or real estate crashes on the horizon? Discover regional market updates, including Saskatchewan and Saskatoon. Stay informed about the Canada housing crisis and its impact on your life. Whether residing or planning to move to Canada, grasp the housing market dynamics. Get clarity on Bank of Canada's actions and their influence. Whether buying, selling, or staying informed, join us for a comprehensive analysis of Canadian real estate. Stay prepared for the housing market in 2024! Watch this 👇👇video to find out! https://linktw.in/IjuUgp #CanadianHousing #MortgageRates #RealEstateTrends #HousingMarket2024 #CanadaHousingCrisis #BankofCanadaImpact

In December, Canada's monthly housing starts rose 18% to 249,255 units, driven by multi-unit starts in Vancouver and Montreal. However, overall 2023 housing starts were down 7%, mainly due to a 25% decline in single-detached starts. Toronto and Vancouver saw increases, but Montreal experienced a 37% decrease. The decline in 2023 was attributed to a drop in single-detached starts and economic challenges in multi-unit starts in the final quarter, according to CMHC's chief economist, Bob Dugan. He expects continued downward pressure in the coming months due to borrowing conditions and labour shortages. . . . . . #mortgage #mortgageBroker #realestate #mortgagetips #mortgagerate #SnegMortgageTeam #mortgageloans #mortgagelender #mortgageloans #mortgageloanofficer #mortgagebrokers #mortgageadvice #mortgagespecialist #mortgageadvisor #mortgagepro #mortgageprofessional #mortgagehelp #mortgageadviser #refinancemortgage #mortgageexperts #mortgagetip #mortgagenews #mortgage101 #Mortgagepreapproval #Mortgageapproval

🏠📉 Breaking News: Housing starts in Canada take a dip! According to the Canada Mortgage and Housing Corp., the annual pace of housing starts dropped by 10% in January compared to December. 📉 This change highlights a potential shift in the housing market. As we navigate through these uncertain times, it's crucial to stay informed and make strategic decisions regarding our living situations. 💡 Whether you're a homeowner, buyer, or renter, this report can serve as a valuable insight. Stay tuned for further updates on the ever-evolving Canadian housing market. 📊 Link: https://1l.ink/68GVJZ8 #HousingMarket #CMHC #CanadianRealEstate #HousingStarts #MarketUpdate #MortgageBrokers #LendXFinancial

This #research brief from the Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL) provides insights into the reasons behind landlord-driven #evictions and highlights lesser-known eviction types. The brief is a crucial resource for understanding and addressing eviction practices. Read more: https://bit.ly/3Kjn611 #EvictionPrevention

Interest Rates in Canada Have Dropped! What Does This Mean for Real Estate Investors? Great news for real estate investors! As of June 2024, the Bank of Canada has cut its overnight rate, leading to lower variable mortgage rates. This shift presents a fantastic opportunity for those looking to invest in real estate. Don't miss out on this opportune moment to grow your real estate portfolio. Learn more about our latest investment opportunities and take advantage of the favorable mortgage rates today! #investwithimpact #investbc #investyvr #ratedecrease #housingcrisis #realestateinvesting #mortgagerate #investsmart

Will we see housing starts dip below 200,000 in 2025 😱 We are already pretty close looking at the June 2024 numbers published by Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL): "The monthly SAAR of total urban housing starts (centres with population above 10,000) was 9% lower with 223,234 units recorded. Multi-unit urban starts decreased 12% to 180,205 units, while single-detached urban starts increased 2% to 43,029 units."

Good to know that Canada Mortgage and Housing Corporation (CMHC) Société canadienne d'hypothèques et de logement(SCHL) shares our concerns about the standards and regulation of the home inspection industry. Now, what will CMHC/Federal Housing Minister Fraser do about this? #homeinspection #cdnpoli

🏠📈 Explore Canada's 2024 housing market & mortgage rates. Learn about changing interest rates & their impact on real estate. Is a housing or real estate crash looming? Discover regional housing market updates, including Saskatchewan & Saskatoon. Stay updated on the Canada housing crisis & Bank of Canada's actions. Whether you're a resident or considering a move, get informed! Watch this 👇👇video to find out! https://linktw.in/IjuUgp #CanadianRealEstate #MortgageRates2024 #HousingMarketInsights #CanadaHousingCrisis #BankofCanada #RealEstateUpdates